UK And Ireland Virtual Event Market Is Projected To Grow Expeditiously: USD 3.1 Billion Revenue By 2027, Claims AMR
Rise in trend of work from home, surge in sponsorship for virtual events, low operational cost in organizing virtual events, and the globalization of businesses drive the growth of the UK and Ireland virtual event market. However, lack of awareness regarding technology hinders the market growth. On the contrary, technological advancements in the virtual event industry are expected to open lucrative opportunities for the market players in the future.
The UK and Ireland virtual event market is segmented on the basis of event type, revenue source, age group, and country.
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Based on event type, the entertainment segment dominated the market in terms of revenue, accounting for nearly one-third of the market. However, the webinar segment is expected to register the highest CAGR of 14.7% during the forecast period.
On the basis of revenue source, the ticket sale segment is projected to manifest the highest CAGR of 14.5% during the forecast period. However, the sponsorship segment held the largest share in 2019, contributing to more than half of the market.
Based on country, the market across the UK held the lion's share in 2019, accounting for more than two-thirds of the market. However, the market across Ireland is anticipated to portray the highest CAGR of 16.3% during the forecast period.
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The UK and Ireland virtual event market include an in-depth analysis of the prime market players such as George P Johnson Event Marketing Private Limited
First Event
Hopin
Grooveyard Event Limited
MGN Events Ltd.
Julia Charles Event Management Ltd.
Seven Events Ltd.
Saville Group Ltd.
Verve Live Agency
The Events Company
Key Benefits For Stakeholders
The report provides a quantitative analysis of the current UK and Ireland virtual event market trends, estimations, and dynamics of the market size from 2019 to 2027 to identify the prevailing opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier–buyer network.
In-depth analysis and the market size and segmentation assists to determine the prevailing UK and Ireland virtual event market opportunities.
Drivers and restraints are analyzed depending on event type in the UK and Ireland virtual event market.
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Allied Market Research
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